Hello,
my brother is in Govt. Dept. and working from last 7 yrs. Know he want to take loan against PF (Providend Fund) for purchase of Plot with the name of my mother. My mother is a pensioner. now my question is weather he will get the loan, if he is purchasing the plot with mothers name? (Brother is married). What will be the procedure please recommend?
Reena

From India, Faridabad
Hi,
As u mentioned that your brother is a government servant, so for government employees, GPF --( GENERAL PROVIDENT FUND) IS APPLICABLE. Ask your brother to consult his office people, for this purpose.
KATYANA

From India, Gurgaon
an an employee take or withdraw some amount of his pf for his pesonal work or against property dealing.The employee is existing. Pls reply at the earliest.
From India, Mumbai
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